Category Archives: Business News – ABC Audio
Hundreds of Starbucks workers strike on Red Cup Day, here's what organizers had to say
bgwalker/Getty Images(NEW YORK) -- Hundreds of Starbucks employees went on strike Thursday, amid the coffee chain's busy holiday season, to protest working conditions and push company leaders to recog...
Nov 17, 2022
Tyson recalls 93,000 pounds of ground beef contaminated with 'mirror-like material'
FSIS/USDA(WASHINGTON) -- Tyson Fresh Meats has recalled about 93,697 pounds of raw ground beef products, saying it may be contaminated with "extraneous materials, specifically reflective mirror-like m...
Nov 17, 2022
Winter season travel trends, top 10 destinations and more traveler patterns taking flight
Craig Hastings/Getty Images(NEW YORK) -- After travel came to a halt during the height of the COVID-19 pandemic, travelers are once again on the move and new data shows there's no sign of demand slowi...
Nov 17, 2022
Amazon layoffs will continue into next year, CEO says
NurPhoto/Getty Images(NEW YORK) -- Amazon's layoffs will continue into the new year, CEO Andy Jassy said in a new memo Thursday. The announcement comes a day after the tech company began layoffs of wo...
Nov 16, 2022
These tech companies have imposed major layoffs in 2022
10'000 Hours/Getty Images(NEW YORK) -- A rude awakening for the tech industry this year has triggered a slew of layoffs at major companies. Sales at top tech firms have retreated from the blistering p...
Nov 16, 2022
Commit 'hardcore' or leave, Elon Musk tells Twitter employees
SAMANTHA LAUREY/AFP via Getty Images(NEW YORK) -- Twitter employees have till Thursday evening to commit to being "extremely hardcore" or accept three months of severance upon their exiting the compan...
Nov 16, 2022
Estee Lauder acquires Tom Ford for $2.8 billion
Jeremy Moeller/Getty Images(NEW YORK) -- Estée Lauder is acquiring Tom Ford for $2.8 billion, the venerable beauty brand announced Tuesday. Through the new deal, the beauty conglomerate plans t...
Nov 16, 2022
Amazon warns of rise in scams this holiday season
ABC News(NEW YORK) -- Amazon is warning customers about an increase in online and mobile scams ahead of the holiday season. According to Amazon, they have already initiated takedowns of more than 20,0...
Nov 16, 2022
How did Democrats avoid a midterms backlash over inflation?
Javier Ghersi/Getty Images(NEW YORK) -- A red wave in the midterm elections propelled by discontent over sky-high inflation was expected to deliver a historic defeat for Democrats -- until it didn't. ...
Nov 16, 2022
Company fined after worker dies from fall into pot of molten iron twice as hot as lava
Daniel Acker/Bloomberg via Getty Images(MAPLETON, Ill.) -- One of the world’s biggest manufacturers of industrial vehicles and equipment has been cited and penalized for the death of a worker wh...
Nov 16, 2022
